Chicken Restaurant and Takeaway in South Wales For Sale

Situated in a parade, busy road, 3 schools and bus stops within walking distance, WEST GLAMORGAN, SOUTH WALES

Turnover £ 5,250
Price £125,000

Features

Immaculate Chicken Restaurant & Takeaway

Tables and chairs providing seating for 27 People

SINGLE FRONTED PREMISES WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with LED lights, sales counter, EPOS till, 4 LED Screen Menu Boards, 2.5 meter drinks display fridge (glass fronted upright), CCTV system (12 cameras, 1 monitor).

Open plan kitchen area, stainless steel extractor unit, deep fryer (2 pan), hot cupboard, stainless steel preparation table.

Walkin coldroom

Walkin Freezer.

Disabled Toilet with w.c. and wash hand basin.

Staff Toilet with w.c. and wash hand basin..

Small Stock room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 - £5,500 p.w. with a Gross profit of 65% approx. (50% VIA PORTALS)

Staff

The business is at present operated by 4 full time & 3 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 12 noon - 11pm

Outside

Parking space for 3 car.

Tenure

The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new 20 years full repairing and insuring lease with rent reviews every 4 years at a rent of £24,000 p.a. for the first 4 years.

Business Rates from April 2025 £2,500 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 62,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote